Cosan S.A. Sponsored ADR (NYSE:CSAN – Get Free Report) insider Maria Rita De Carvalh Drummond sold 36,200 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $5.48, for a total transaction of $198,376.00. Following the sale, the insider directly owned 2,165,936 shares in the company, valued at $11,869,329.28. The trade was a 1.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Maria Rita De Carvalh Drummond also recently made the following trade(s):
- On Friday, April 17th, Maria Rita De Carvalh Drummond sold 37,400 shares of Cosan stock. The stock was sold at an average price of $5.48, for a total transaction of $204,952.00.
- On Wednesday, April 15th, Maria Rita De Carvalh Drummond sold 35,800 shares of Cosan stock. The shares were sold at an average price of $5.57, for a total transaction of $199,406.00.
Cosan Price Performance
CSAN stock opened at $3.48 on Friday. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.65 and a current ratio of 1.80. The firm has a 50 day moving average price of $4.05 and a 200-day moving average price of $4.36. Cosan S.A. Sponsored ADR has a 52-week low of $3.25 and a 52-week high of $6.25. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of -1.41 and a beta of 0.82.
Hedge Funds Weigh In On Cosan
Several large investors have recently modified their holdings of the stock. Kapitalo Investimentos Ltda boosted its stake in Cosan by 280.1% in the 3rd quarter. Kapitalo Investimentos Ltda now owns 418,432 shares of the company’s stock worth $1,925,000 after purchasing an additional 308,340 shares in the last quarter. UBS Group AG increased its stake in Cosan by 36.9% during the 4th quarter. UBS Group AG now owns 3,492,792 shares of the company’s stock valued at $13,797,000 after purchasing an additional 941,548 shares in the last quarter. Monaco Asset Management SAM purchased a new position in Cosan in the third quarter worth about $4,600,000. Optiver Holding B.V. purchased a new position in Cosan in the third quarter worth about $589,000. Finally, Tejara Capital Ltd bought a new position in shares of Cosan in the fourth quarter worth approximately $1,386,000.
About Cosan
Cosan Limited (NYSE: CSAN) is a Brazilian diversified energy and logistics group focused on agribusiness, fuels, and infrastructure. Its core activities include the cultivation of sugarcane, production of ethanol and sugar, generation of bioelectricity from bagasse, and distribution of fuels under the Raízen joint venture with Shell. Through its subsidiary Moove, Cosan is a leading global producer of base oils and lubricants, while Comgás serves as one of Brazil’s largest natural gas distributors.
Founded in 1936 in the state of São Paulo, Cosan has grown through organic expansion and strategic acquisitions.
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